In 2023, the CPI in U.S. cities averaged at 304.7. However, the CPI for the New York-Newark-Jersey City metropolitan area amounted to about 321.99. Prices in New York City were significantly higher than the U.S. average. Nonetheless, the San Diego-Carlsbad area ranked first with a CPI...
The Consumer Price Index for “all urban wage earners & clerical workers” (CPI-W) backed off to 8.7%, from July’s 9.1%. The average year-over-year rates in July (9.1%), August (8.7%), and September (x%) will determine the COLAs for Soci...
Grocery costs, though, were unchanged last month and are 2.2% higher than they were a year ago, providing some relief to consumers after the huge spikes in food prices in 2022 and early 2023. The surge in inflation that followed the pandemic jacked up the cost of food, gas, rent and ma...